WAIT UNTIL 2024 TO BUY YOUR TESLA | DON'T MAKE A MISTAKE

EV Channels Review

The video advises potential Tesla buyers to consider waiting until 2024, primarily due to upcoming vehicle refreshes and more accessible tax credits. The Model 3 is expected to receive its 'Highland' update in early 2024 for the US market, bringing significant improvements. The Model Y is also slated for a minor refresh soon, with a more substantial 'Juniper' update rumored for late 2024. Crucially, the $7,500 federal EV tax credit will transition to a point-of-sale credit in 2024, reducing the upfront cost and saving buyers interest on financed amounts. However, the video cautions that battery sourcing requirements for the tax credit may become stricter, potentially reducing the credit amount for some models by year-end 2023 or into 2024. Leaked Cybertruck specs reveal a powerful 240V outlet (NEMA 14-50) and a lower-than-expected tow rating of 11,000 lbs, raising questions about range and original promises. The video also notes the disappointment that the Model 3 Highland may not receive the HEPA filter and bioweapon defense mode, a feature standard on other Tesla models. Finally, it highlights the US's significant lag in EV battery production compared to China, emphasizing the need for domestic investment.